Paradigm’s $8.4M LDO transfer marks its first move in months, signaling renewed institutional activity in Lido DAO tokens.
Wallet 0xC4Db now acts as a major redistribution hub, routing millions in LDO, ETH, and USDT to top exchanges like Coinbase and OKX.
Over $45M in LDO has hit exchanges from this wallet in 30 days, hinting at large-scale treasury moves or strategic offloads.
Institutional wallets have ramped up Lido DAO (LDO) activity this week, with Paradigm Capital moving $8.41 million in LDO to a known routing wallet. This marks Paradigm’s first notable on-chain action in over two months, aligning with a broader uptick in exchange-bound LDO flows from top trading entities.
Paradigm Triggers Major LDO Transfer Amid Market Activity
According to a post by Arkham Intelligence, Paradigm Capital moved 10 million LDO, worth approximately $8.41 million, to wallet address 0xC4Db just nine hours ago. The transaction is the latest in a series of large-volume flows to the same destination, a wallet historically linked with both exchange deposits and institutional redistribution.
https://twitter.com/arkham/status/1932162205438386270
Within minutes of Paradigm's transfer, the wallet executed several follow-up actions, including a $500K USDT deposit to OKX and a 403.266 ETH deposit, valued at $1.04 million, to Coinbase. These movements suggest an intent to rebalance liquidity across key trading venues rapidly.
Structured Flow Indicates Strategic Asset Deployment
In the same timeframe, multiple exchanges, including Gate.io, Binance, and OKX, sent LDO to the same receiving address, indicating coordinated flow activity. A total of 48.48 million LDO, valued at $45.6 million, has been deposited to exchanges via this wallet in the past month, with Paradigm’s contribution representing the largest single transaction.
The wallet has now become a high-frequency hub for tokens, including ETH, USDT, WXT, and OKB. The inflows, over $12.5 million in just three hours- point to a calculated realignment of assets by market makers and treasury operators seeking flexible liquidity.
Centralized Wallet Plays Active Role in Redistribution
Notably, Arkham’s dashboard shows wallet 0xC4Db acting as a centralized aggregator for more than 28 sending addresses, many of which are tied to institutional custodians and CEXs. Receiving wallets include those labeled Circle, Binance 14, Kraken Institutional, and Jump Trading, confirming the wallet’s role as a redistribution engine.
The cumulative data points to a liquidity rotation strategy in motion. Transfers from Lido DAO (LDO) Founding Member wallets and DeFi routes like Beefy Finance also surfaced in recent blocks, totaling over 15.85 million LDO. This strongly indicates offloading or treasury rotation rather than simple accumulation.
As of now, LDO is trading at $0.8739, up 8.5% in 24 hours, with volume exceeding $90 million. Market watchers will note that such sizable transfers often foreshadow short-term volatility in both token supply and sentiment.
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